NASFAA
TODAY'S NEWS

today’s news for Wednesday, December 12, 2018

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Edfinancial Services. Edfinancial Services offers products and services that allow colleges to increase operational efficiencies, enhance customer service to students and promote student success. Our products include: Inbound & Outbound Call Center Solutions, Financial Aid Outsourcing & Compliance, Default Management Services and Software, and Consulting Services. Visit our website at www.edfinancial.com/HES/CaseStudies.

NEWS FROM NASFAA

The amount of unmet need that students experience—the gap between the cost of attending college and the financial aid a student is granted—has increased in recent years, according to a new report from the Center for Law and Social Policy (CLASP). To meet the needs of today’s students, the report’s author suggests that federal and state governments increase their investment in need-based programs, such as Federal Work-Study (FWS), and improve financial aid policies, such as by increasing the maximum Pell Grant award.

NASFAA Is Working With ED for Details on Verification Changes

Department of Education (ED) officials announced at last month’s Federal Student Aid Training Conference that ED will revert to accepting signed copies of tax returns to verify tax information, with some caveats. ED also said aid offices can accept signed statements of non-filing status rather than an IRS-issued Verification of Non-Filing form. NASFAA is currently working with ED for implementation details and the effective date. Stay tuned to Today’s News for more information as it becomes available.

NASFAA UPDATES AND ANNOUNCEMENTS

NASFAA U

Participants in the fall 2018 NASFAA U Verification Online Course have great things to say about their experience. One member called the course the "best professional development experience I had this past year." The member added that the material was delivered in an accessible way, there were great learning resources provided, and the discussion boards were helpful. "I appreciated having case studies to go through in an adjunct-led session each week. The course was as interactive as possible," the member said. The spring 2018 Verification Online Course starts January 14.  Register now.

NCES Seeking Data for New Study on State-Level Financial Aid

The National Center on Education Statistics (NCES) and RTI International are in the final weeks of student enrollment list collection for the 2017-18 National Postsecondary Student Aid Study, Administrative Collection (NPSAS:18-AC), which will be the first NPSAS to provide state-level financial aid data on a wide scale. Enrollment list collection concludes in December, and institutional participation is critical for state-level data. NASFAA encourages institutions selected for the study to submit their data to RTI as soon as possible through the Postsecondary Data Portal (PDP) website. The RTI Help Desk is available at 1-855-500-1441 to answer questions and provide assistance with the process.

U.S. DEPARTMENT OF EDUCATION

The Common Origination and Disbursement (COD) School Relations Center will allow for COD School Testing for the 2019–20 Award Year from January 2, 2019 through December 20, 2019.

NOTABLE HEADLINES

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